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Argosy Buys Ohio Property

28 October 2004

OHIO – As reported by the Cincinnati Enquirer: "While state lawmakers debate the prospect of legalizing gambling in Ohio, Argosy Gaming Co. already is staking its turf in the Buckeye State.

"Illinois-based Argosy said Wednesday that it has signed a deal to buy Toledo'sRaceway Park and a Sandusky wagering facility for about $20 million.

"…Ohio gamblers have been a vital source of cash for the riverboat casino operator.

"…Argosy wants to shore up its Greater Cincinnati position with a Lawrenceburg expansion expected to include new gambling space, hotel rooms and more parking…"

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